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deficit. they have to deal with the deficit. but once you're done with the deficit you have to rebuild the middle class in this country and nobody is paying much attention to that. we have a lot of rhetoric in the campaign but-- >> but the necessary done to help the middle class is to nail down the fiscal issues. if we don't nail down the fiscal issues, i don't think anything will matter. >> but i'm with you, i think it will happen because of necessity, because of the fiscal cliff. >> what it will take to rebuild the middle class? >> it's taken three decades to basically decimate the middle class. it will take something like that to rebuild it. but we have to be dedicated to that. we're focused on a fescal deficit not a human deficit, and we have a human deficit in this country. we have 27 million people either unemployed, working part time, unwillingly, or dropping out of the labor market. >> schieffer: let me work michelle into this conversation. as you sit here hearing this, it's always education that seems to wind up at the back of the line. >> that's right, that's right. and i thi
, more deficits, more people struggling to find work, no solutions that actually work. >> reporter: vice-president joe biden appealed to older voters in another battleground state, assuring florida seniors medicare would be around for future generations. >> the action the president took has actually strengthened the medicare trust fund and exceeded its life up to 2024. >> reporter: off the campaign trail, president obama and challenger mitt romney are prepping for their first debate. in practice sessions, romney will get help from ohio senator rob fortman, who will play the role of the president. president obama will look to massachusetts senator john kerry to stand in for romney. behind in recent polls, some campaign watchers say romney has more riding on the debates, as well as more to gain, than the president. >> the challenger has the opportunity to establish he is competent to stand up and hold his own against the president of the united states. a challenger who accomplishes that in effect wins the first debate. >> reporter: wednesday's debate gives both candidates a chance to expla
in automatic spending cuts hits on january 1st. the plan includes reducing the deficit by about $4 trillion over ten years. an overhaul of the tax code and changes to medicare and social security. several tax cuts could also end if the cliff is not avoided, meaning about $3,500 more in taxes for the average household. >>> american university is warning students to be on alert after a string of incidents where a man has groped students near campus. there have been four reported incidents in the last week. the most recent one happened sunday night on massachusetts avenue. police say the suspect comes up from behind, grabs girls inappropriately, and then runs away. >> i normally feel really safe around here. i'm not in the city or anything. that's a little bit terrifying. >> something's got to be done. i mean, it's definitely uncalled for and not okay. >> au sent an e-mail to students to alert them about the attacks. the university is asking the students to walk in groups and only in well-lit areas. >> 6:06 right now. today marks the tenth anniversary of the sniper killing spree. the first att
encouraged by taking tough measures to reduce the deficit. the dow closed 72 points higher thursday while the nasdaq was up 42 points. >>> american airlines says it will take its pilots union to court unless the union ends its job action. american has had a surge of canceled or late flights since the beginning of the month. the pilots union says there is no sickout or slowdown but the union is angry over the company's decision to use bankruptcy protection to impose new work and pay rules. >>> goldman sachs will pay about $12 million to settle civil charges in a so-called pay to play scheme. the securities and exchange commission said a goldman executive allegedly provided campaign services to a candidate running for governor of massachusetts in 2010. in return, the company wanted to win the state's lucrative bond business. goldman settled without admitting or denying those charges. >>> and facebook is thinking big by thinking small. the social media site started a new feature that allows users to send small gifts to friends such as a coffee or a pastry. most of facebook's revenue comes fr
would do a better job on the deficit. tara mergener for cbs news, washington. >> when asked about the latest polls which show governor romney trailing in ohio, his political director would only say he trusts his internal polling and not public polls. >>> at 4:34, here's a look at some other things making news now [ inaudible ] the ongoing civil war is a key topic of discussion at the u.n. meetings in new york city. secretary-general is demanding global action to stop the war. an international charity called save the children claims kids will be traumatized for life after witnessing the devastation and enduring torture. the group is pleading with the international community to help syria's youngest victims. >>> today prince george's county police are holding two events that involve the deaths of high school students. very sad here. the first will be a community walk beginning at oak creek west community park. crime solvers flyers are going to be passed out there. they're trying to find out more information about the death of amber stanley who was killed last month in her own bedroo
a better job on the deficit. and both candidates will be appearing in the cleveland and toledo area today and romney will also be making a stop near columbus. >> it's on. thanks. two powerful bombs exploded in the syrian capital of damascus this morning. the explosion he did to at any timed minutes apart followed by gunfire. the attack was blamed on terrorists. damascus has been rocked by a series of bombings in recent months as the uprising against president bashir al assad's okay late. >> egypt's president is scheduled to address the u.n. general assembly. on tuesday president obama addressed the general assembly. >> i would like to begin today by telling you about an american named chris stevens. >> reporter: the president told world leaders that the slain u.s. ambassador to libya, chris ste vaccines, had gone to benghazi to establish a cultural center and help modernize a hospital. >> today we must declare this violence and intolerance has no place. >> reporter: it's still unclear what motivated the terrorist attack but president obama focused on that anti-muslim video made in califor
. they include reducing the deficit about4 trillion over ten years, an overhaul of the tax code, and changes to medicare and social security. now, if congress can't avoid that cliff, it also means an end to several tax cuts and a huge boost in the action at thats you will pay. the nonpartisan tax policy center estimates the average household will pay $3,500 more in taxes. the two policies which impact the average american the most are payroll taxes and the bush era tax cuts. democrats have already said they will not accept a deal unless tax cuts to americans making more than $250,000 a year are allowed to expire. >>> 5:06. 64 degrees. the phone wars between apple and samsung takes another nasty turn. >>> also ahead, crossing the line. the incident that has one police officer in hot water this morning. "and what's your name?" "oh, it's flo." "and what do you do?" "oh, i sell insurance like no one else." "oh, that's nice." "thank you." now, that's progressive. call or click today. >>> welcome back apparently, looking at photos and videos of cute, fuzzy baby animals can help improve your produc
to the problem of deficit reduction. we believe there's a prioritization scheme that needs to take place. that is overcome by sequestration targets which force us into every program, not just the ones that you might identify as the priorities to go after but every program. in space, and in cyber, too, foundational capability to everything we do, full people truck operations from humanitarian to full scale war. we're going to depend on capability. taking 10% out of that, you don't know where you would bring it. >> have you given consideration into what are the considerations to mitigate that risk as much as possible? >> we have not. by direction we have not because we believe that this is absolutely the wrong approach to the problem. so if you're looking at space capability, for example, would you give up gps capability, global coverage? would you give up missile warning capability global coverage? it's either a one or a zero here if you want to maintain global capability. >> obviously, you guys have key priorities, programmatic and otherwise. what are going to be the top priorities for,
shows romney does best among most likely voters on handling the federal budget deficit. at the white house danielle nottingham, derek, back to you. >> thank you. this is literally just into the 9 news now newsroom. we hear mitt romney will be in springfield, virginia, tomorrow campaigning in that key swing state. >>> two events tonight involving the deaths of two high school students in prince george's county. at 6:00 there will be a community walk at oak creek west community park. investigators will pass out flyers. they're trying to find out more information about the death of amber stanley who was killed last month in her kettering home. then at 7:00 another meeting at central high school regarding the murder of marckel ross. ross was shot walking to school september 11th. police will answer questions about that investigation. >>> one minute you're in the living room with the dog in your lap. the next minute you're dangerously close to having a stranger's honda in your lap. this happened to pat stroh from olney. >> i was sitting in my pink chair with my dog on my lap and all of a
deficit by... next decade, on top of the... already cut. little more. afghanistan... pay down our debt and... nation-building... right here at home. patriotism, rooted in the... begins with a strong... thriving middle class. read my plan. and decide for yourself. thanks for listening. >> i said, how about we draw up a sex contract. >> if i was to haveex with him, he would continue to pay my bills and give me money to survive. >> it only happened twice. both times felt horribly like raich. >> can't sleep with somebody i'm not attracted to. >> you were still married when this was going on, right? >> yes. >> so you're married and you draw up a sex contract. >> i didn't draw it up, he did. >> did you agree to it? >> we talked to it. >> it's not an essay question. >> i didn't agree to it, we talked about it so much. >> did you have sex twice? >> we had sex one time. >> did you get paid for it? >> no. >> so he stiffed you the money. >> it was about me helping her with her business. after over a year of her clubbing, going out to bars, hanging out with all these guys, we had already put $65,000 i
in those same states say he would do a better job on the deficit. tara mergener for cbs news, washington. >>> making news now at 5:52, protests are intensifying in spain as government leaders are set to announce a new round of austerity measures tomorrow. last night demonstrations got so heated, police fired rubber bullets at the crowd. protesters are upset over cuts to health, education and salaries for public workers. >>> two months after his death, actor sherman hemsley still hasn't been laid to rest. there are those challenging his will and disagree with the executor over where he should be buried. hemsley said he had no family. the judge has now ordered d.n.a. tests in the case. >>> we may have enjoyed some cooler weather but it's already snowing in parts of colorado. while denver got rain last night the appropriately named summit county and other places in higher elevations saw a few inches of snow. a warm-up there even is expected by the weekend. >> no kidding. >>> pepco line crews could vote today on a strike against the utility company. that story is coming up. >> plus. the rese
afford it. reduce our deficit by... next decade, on top of the... already cut. little more. afghanistan... pay down our debt and... nation-building... right here at home. patriotism, rooted in the... begins with a strong... thriving middle class. read my plan. and decide for yourself. thanks for listening. this message. >>> if you look at it hard enough, you can find some strange sites on google map street view. a woman used street view for directions to jacksonville, texas and she found what you see right there, that thing right there whatever it is. she thinks it's a ufo. of course, it could just be sun glare maybe. a similar image can reportedly be found near a casino in new mexico. both are near a mcdonald's. it's a big mac. >> i've got jesus in an oil stain in my driveway. still ahead -- >> do you really because that's a new story? >> no, i don't. >>> still ahead how a unique website turned a struggling 1st grade teacher into a big time millionaire. >> plus a man who calls himself an agent of the holy spirit says he has good reason to steal the documents from the pope. his trial st
team wiped out a four-point deficit on sunday beating the u.s. team. >> it was a stunning collapse for the american squad. three of the 12 players won their matches on sunday. david feherty watched it all at the medinah country club outside of chicago. first of all, just the ryder cup. you see that enthusiasm. it's a greet event. sort of, back in that environment, if you like. it gets the crowd into it like no other event in golf can do. >> what happened? >> well, ian poulter started a recovery -- >> on saturday. >> on saturday by birdieing the last five holes and last two matches for the europeansing looked like they were going to go the wrong way, in which case, you know, it was over. and it was over anyway at 10-4. because of the momentum that they came in with, you know, i said that evening, you know, they feel like they are tied 6-10. at that point i don't think a european team or any team had gone into, you know, the locker room that evening four matches behind and felt so good about themselves. >> an poulter five birdies in a row. what about tiger's performance? >> tiger did
... tuition in half and... americans can afford it. reduce our deficit by... next decade, on top of the... already cut. little more. afghanistan... pay down our debt and... nation-building... right here at home. patriotism, rooted in the... begins with a strong... thriving middle class. read my plan. and decide for yourself. thanks for listening. this message. >> one of my brothers felt that i should have been more private and discrete about this, that i was bringing shame upon the bucceroni last name and that this was a disgrace for me to come out publicly. i was already traumatized to have to relive this horrible nightmare. >> dr. phil: well, that was greg talking about his family's reaction when he finally revealed that he had been passed around to members of an alleged pedophile ring, a ring that he says included convicted pedophile and former penn state coach, jerry sandusky. now, why did this fall through? why did he swap you out and go with another boy? >> well, i came up that with ed savitz. ed savitz was a combination of napoleon and gilbert gottfried. if he said 4:00, we're go
providing cures for debilitating diseases. that's not a recipe for growth and we can reduce our deficit, including making some smart decisions on medicare in particular, where we're focused on lowering health care costs by reforming how health care is delivered but we don't need to be voucherizing the system to dump those costs on to seniors because, frankly, they can't afford it right now. >> pelley: there is a lot of rhetoric about medicare. what do you intend to do? >> well, i don't want any change to medicare for current seniors or for those that are nearing retirement. so the plan stays exactly same. >> pelley: make sure i understand. the idea under your plan for future seniors would be that the federal government would write that senior a check, essentially and say "now, you can go buy a private insurance plan or you can buy medicare from the federal government"? >> s that essentially it? >> that's essentially it. people would have a choice of either traditional government-run fee-for-service medicare or a private plan which has to offer the same benefits. it can't be skinnyed dow
the deficit. the ratings agency fitch said today uncertainty about u.s. fiscal policy is the single biggest near-term threat to the global recovery. when you see washington act the way it's been acting, does it make you more cautious? >> of course. >> reporter: bayard winthrop launched american giant, a new men's clothing business in san francisco this year. but the indecision in washington, he says, is holding him back. >> it doesn't breed a lot of optimism. so we're hiring, but we're not hiring as aggressively as i think we would b if i had real confidence that we were on a pathway towards growth nationally. >> reporter: so in effect, washington is undermining the economy. >> i think that the lack of substantial and positive debate is undermining the economy. >> reporter: one piece of good news today, weekly first-time unemployment claims dropped to a two-month low. and the labor department says the economy actually added nearly 400,000 more jobs over the past year than originally estimated. >> pelley: well, anthony, there's still about 12.5 million people who are unemployed. what does a
%. they give the president a 10-point advantage on taxes, too, 53 to 43. on dealing with the deficit, however, governor romney comes out on top, 49 to 45. jan crawford is covering in toledo tonight, jan. >> reporter: well, scott, after getting off his economic message and now taking hit in the polls, the romney campaign is shifting some of its strategies and we're starting to see that on the trail. to better connect with voters, romney is campaigning more with three events today in ohio. >> we're taking back this country. we're going to get it strong again. >> reporter: he's been more accessible to the media, with hastily arranged interviews. >> i listen to a lot of advice but frankly i'm going to keep on my message which is i know how to get this economy going, create jobs, more takehome pay for people. >> reporter: and today he released a new type of television ad which will air here in ohio and other battleground states where he makes his case directly with voters. >> my plan will create 12 million new jobs over the next four years. >> reporter: the romney campaign knows the candidate has
to need a lot of investment from already cash strapped utilities and a deficit ridden government. that said, no one can say if gas prices will continue to rise and certainly we can't say the rate which renewable technology might decrease. what we can say for certain is pressure is likely to remain on u.k. utilities as the tub of war between lower demand >>> thanks, paul. that wraps up this week's show but keep up with energy news throughout the week on our website plattsenergyweektv.com. and you can download our free iphone and android apps. follow us on twitter,
to balance the deficit by doing that. of course, as you pointed out, he will not say which deductions. why do you say that raises a red flag? >> under governor romney's plan, i pay well over 20% now. so if you eliminate the mortgage tax deduction and the charitable tax deduction, i'll still be ahead. so to do it, you have to go down and raise -- and cut the deductions enough that you wind up raising taxes on people in the middle income group. that's the problem. >> do you think this election -- the president has said that change has to come from outside rather than in washington, that this election has the possibility of producing a change that will be able to overcome gridlock. >> i don't think it not only as a possibility, i think it almost certainly will. and let me explain why. i think the president's going to win. but let's assume governor romney won. if he wins, that almost certainly means the republicans will hold on to the huse and it will be about 50/50 in the senate, more or less the way it is now. if president obama wins, i think that too will break the log jam for a different reas
Search Results 0 to 18 of about 19